Common use of Agreement Not a Contract Clause in Contracts

Agreement Not a Contract. This Agreement (and the grant of the Option) is not an employment or service contract, and nothing in the Option shall be deemed to create in any way whatsoever any obligation on Grantee’s part to continue as an employee or director of or consultant to the Company or any Affiliate or a successor company (or a subsidiary or parent thereof), or of the Company or any Affiliate or a successor company (or a subsidiary or parent thereof) to continue Grantee’s Service as such an employee, director or consultant.

Appears in 19 contracts

Samples: Non Statutory Stock Option Agreement (Savara Inc), Non Statutory Stock Option Agreement (Savara Inc), Non Statutory Stock Option Grant Agreement (Savara Inc)

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Agreement Not a Contract. This Agreement (and the grant of the Option) is not an employment or service contract, and nothing in the Option shall be deemed to create in any way whatsoever any obligation on Grantee’s part to continue as an employee or director of or consultant to the Company or any Affiliate a Subsidiary or a successor company (or a subsidiary or parent thereof), or of the Company or any Affiliate a Subsidiary or a successor company (or a subsidiary or parent thereof) to continue Grantee’s Service service as such an employee, director or consultant.

Appears in 12 contracts

Samples: Incentive Stock Option Grant Agreement (Adventrx Pharmaceuticals Inc), Incentive Stock Option Grant Agreement (Adventrx Pharmaceuticals Inc), Incentive Stock Option Grant Agreement (Adventrx Pharmaceuticals Inc)

Agreement Not a Contract. This Agreement (and the grant of the Option) is not an employment or service contract, and nothing in the Option shall be deemed to create in any way whatsoever any obligation on Grantee’s part to continue as an employee or director of or consultant to the Company or any Affiliate or a successor company (or a subsidiary or parent thereof)Employee, or of the Company or any Affiliate or a successor company (or a subsidiary or parent thereof) Subsidiary to continue Grantee’s Service service as such an employee, director or consultantEmployee.

Appears in 2 contracts

Samples: Stock Option Grant Agreement (Arena Pharmaceuticals Inc), Incentive Stock Option Grant Agreement (Arena Pharmaceuticals Inc)

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Agreement Not a Contract. This Agreement (and the grant of the Option) is not an employment or a service contract, and nothing in the Option shall be deemed to create in any way whatsoever any obligation on Grantee’s part to continue as an employee or director of or consultant to the Company or any Affiliate or a successor company (or a subsidiary or parent thereof)Director, or of the Company or any Affiliate or a successor company (or a subsidiary or parent thereof) to continue Grantee’s Service service as such an employee, director or consultanta Director.

Appears in 1 contract

Samples: Stock Option Grant Agreement (Arena Pharmaceuticals Inc)

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